Robert Kiyosaki, the author of the famous financial self-help book Rich Dad, Poor Dad, has described the US dollar as a scam, declaring that bitcoin and other cryptocurrencies are “currencies of the people” that will outlive fiat currency.
Speaking with Kim Hughes on the Sane Crypto Podcast in which he excoriated the dollar, Kiyosaki also predicted an imminent stock market crash.
In his words: “The US Dollar is a scam…I think the dollar is toast because gold and silver and cybercurrency are going to take it out…The US Dollar is gone…In the year 2000 there was one currency, the US Dollar. It was called the reserve currency of the world…and then came bitcoin
Discussing his new book, Fake: Fake Money, Fake Teachers, Fake Assets, Kiyosaki revealed that he wrote about how gold, bitcoin, and other cryptocurrencies are a better hedge against an impending collapse of the financial market.
He said: “In my new book… I talk about the three types of money today: God’s money, which is gold and silver, government’s money which is fiat currency, which is done by government decree which is the dollar… Then there’s the people’s money, which is cybercurrency on the blockchain technology. Gold is a hedge and I am expecting a collapse on the system…[and] which is why you are into cybercurrencies now… bitcoin and ethereum.” —— 🤔Do you agree with Rich Dad? 🗣Let us know in a few words! —— 😎Follow @sharecrypto —— #richdadpoordad #richdad #bitcoin #satoshi #altcoin #sharecrypto #usd #altcoin #daytrading #bitcoinprice #bitcoinnews #iota #forexprofit #litecoin #forexsignal #bitcoins #ethereum #daytrading #daytrader #mining #ripple #dash #stocks #trading #invest #blockchain #moneymindset